Senior Director Of Procurement

We are partnering with a premier legacy sports and entertainment organization to help them identify a Senior Director of Procurement.

THE ROLE

The Senior Director of Procurement is responsible for overseeing the implementation of, and compliance with, the procurement policy. In addition, this role will lead efforts to streamline procedures to enable stakeholders to maximize the value they receive from suppliers and meet their department objectives. The main purpose of the role is to formulate and drive a consistent approach towards all sourcing, procurement, and tendering activity within the business, ultimately ensuring that value for money is maximized and cost savings are generated.

The Senior Director of Procurement will establish relationships with stakeholders (both internal & external) to ensure that procurement is aligned with business objectives and to enlist support in process improvement efforts. The Senior Director will work in partnership with the business owners to change the procurement culture across all levels of the organization.

The ideal candidate is a fast learner with both high IQ and EQ. They should have experience in complex, fast-paced procurement organizations and drive process improvement and operational excellence with a solutions-orientated mindset. This person can “make it happen” while maintaining compliance. The Senior Director of Procurement should be motivated to build a world class procurement organization.

ESSENTIAL DUTIES & RESPONSIBILTIES

Key responsibilities include:

• Oversight of complex purchasing transactions involving competitive bids, negotiations and contract review for accuracy and compliance to policy. Maximize for best cost and time savings, including a separate strategy for commodities.
• Identification and realization of time saving and cost-reduction opportunities, including development of performance metrics and targets.
• The Senior Director of Procurement should use Standard Operating Procedures; Supervisor’s Instructions; and Accepted Profession Practices when performing tasks.
• Build, lead, and mentor the direct and cross-functional procurement staff, including skills and competency development and knowledge management capabilities.
• Ownership of procurement policy and processes as well as driving compliance throughout the organization.
• Development of an organizational procurement strategy, including structured governance and planning processes.
• Oversee vendor account analysis and consolidation.
• Support the business in its endeavors to monitor suppliers’ performance in line with established KPIs, contractual obligations and service level agreements.
• Analyze and leverage procurement data to provide management with timely analyses to drive efficiencies. Communicate effectively and frequently.
• This position communicates regularly with all levels and departments within the organization. Have a partnership mentality; build trust and reliability throughout the organization.
• Evaluate current practices and procedures and implement plans for improving efficiencies in the procurement process by effectively engaging with stakeholders to define the procurement initiatives (e.g., contract management, strategic sourcing, purchase order management such as purchase request review checklists, open receiver reviews, aged purchase order reviews, etc.).
• Assist Finance with the month end close and annual budget process by ensuring procurement pipeline accuracy to facilitate accrual and forecasting processes.

EXPERIENCE & QUALIFICATIONS

• Knows when to hold the line and when to question the status quo.
• Familiarity with relevant legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions to mitigate legal risk.
• Change management skills and self-awareness to take varying approaches with a dynamic set of stakeholders.
• Strong negotiation skills and strategic mindset.
• Bachelor's degree in supply chain management, economics, finance, accounting, operations, engineering or a related area, with a Master's degree preferred.
• Ability to establish and maintain effective and cooperative working relationships with internal contacts, business units and functional partners.
• Demonstrated leadership skills in a complex, fast-paced environment and experience leading multiple teams-both direct staff and indirect project teams.
• In-depth knowledge of sourcing and procurement principles and best practices.
• Solutions-oriented ability to take initiative, prioritize duties, problem solve, work independently and within a team environment, pay close attention to detail, meet deadlines, perform appropriate follow-up, work well under pressure and maintain an enthusiastic work ethic. This includes maintaining a positive and helpful attitude and a proven capacity in project management skills, including organizing and strategic planning.
• Minority and Women Owned Business (M/WBE) program experience.
• Demonstrated ability to develop strategic partnerships and work with others to accomplish objectives and results; ability to reach across the organization effectively promoting open communication and collaboration.
• 7-10 years of senior supply management experience or operational management experience in finance procurement function. Government purchasing experience preferred.
• Proven track record of embedding procurement processes and identifying and delivering cost savings in complex organizations.
• Experience working with Contract Management and eSourcing tools.
• Solid operational management and general business skills and savvy.
• 5-10 years in a leadership role, building, training, and developing teams.

JOB COMPETENCIES

• Teamwork/Collaboration: Builds rapport with a variety of people, including all levels of the organization, and develops alliances to work together towards common goals – is even tempered, generally tactful, and appropriately assertive. Coordinates with and informs colleagues of plans and actions, follows through on commitments, and accepts personal accountability for results. Takes initiative in recognizing teammates for their achievements or for their consistency in delivering quality work. Provides constructive and evidence-based feedback to peers. Consistently volunteers to take on work for the benefit of the team even if that work is outside their regular job expectations.
• Coaches and Develops: Clearly communicates performance standards and expectations, delivers candid, specific, constructive, and timely feedback addresses inappropriate behavior immediately, facilitates growth by delegating responsibility and ensuring application of learning, is accessible to provide coaching and support, makes sure people have the right skills and knowledge.
• Achieves Excellence: Takes accountability for actions and results, displays a sense of urgency when required, meets deadlines without compromising quality and accuracy, sets measurable objectives, prioritizes appropriately, and follows through, persists in the face of obstacles to get the job done, identifies issues and addresses them.
• Values Others: Fosters an environment of mutual trust and respect, listens, and hears what others say, acts honestly and fairly in dealing with others, collaborates with others to achieve results, demonstrates appreciation for the contribution of others, responds to requests from others in a timely manner.
• Consensus Building: Ability to promote cooperation, collaboration, and partnerships between individuals or groups, both inside and outside the organization; ability to build and maintain trusting relationships with individuals and teams to improve organizational effectiveness; ability to work collegially with the Board, all staff and government authorities.
• Effective Communication Skills (Oral and Written): Conducts or contributes to effective meetings, seeks, and accepts feedback, listens well, shows respect, and is sensitive to others’ viewpoints. Verbal skills: asks good questions; can present ideas and express the company’s mission. disseminates information clearly and concisely. Can write clearly and succinctly in a variety of communication settings and styles; can get messages across that have the desired effect.
• Adaptability/Agility: Accepts changes and responds to setbacks positively and with minimal disruption. Able to take on a variety of different tasks and roles within the organization. Learns quickly when facing new problems; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks.
• Ethics and Transparency: Understand and uphold the highest degree of ethical standard while improving the quality of operations, maintaining the integrity of the organization. Must lead by example in ensuring that policies, practices and federal and state laws and regulations are upheld.